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Capital Account with Lauren Lyster - December 14, 2012

Honey, I Shrunk the Yield Curve!!

Whether it's going over the fiscal cliff or Spanish house prices suffering a severe fall, there seems to be a universal financial fear of gravity. Even though we are certainly scared of falling, we don't seem to have much fear of altitude. But should we? We talk to Jim Grant, founder and publisher of Grant's Interest Rate Observer, about his bi-monthly outlook for some answers.